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NJDCY Buyback image

Nidec Corporation Buyback

OLI recorded this information on 1/22/2020

Company: Nidec Corporation
Buyback: NJDCY buyback
Share Amount Authorized: 4,000,000
Buyback Details: Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the "Company") announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 23, 2020, whereby the Company may repurchase up to four million shares in accordance with the Article of Incorporation pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan. Class of shares: Common stock; Total number of shares that may be repurchased: Up to 4,000,000 shares (1.36% of total number of shares issued, excluding treasury stock); Total repurchasable amount: 50 billion yen; Period of repurchase: From January 24, 2020 through January 22, 2021

Stock buyback: 
NJDCY buyback
  Nidec Corporation: trading symbol NJDCY

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